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Kohls Corp Says Reduced Corporate Positions By About 15%
Kohls New Collaboration With Actress, Activist Zoe Saldana To Launch Adidas X Zoe Saldana Collection
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Kohl's Corporation (Kohl's) is an operator of department stores. The Company operates approximately 1,154 Kohl's department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company's stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products. The Company's Website includes merchandise that is available in its stores, as well as merchandise that is available only online. The Company's merchandise mix includes both national brands and private brands that are available only at Kohl's. The Company's private brands include Apt. 9, Croft & Barrow, Jumping Beans, SO and Sonoma Goods for Life. The Company's exclusive brands include Food Network, Jennifer Lopez, Marc Anthony, Rock & Republic and Simply Vera Vera Wang.
Retail (Department & Discount)
N56W17000 Ridgewood Dr
MENOMONEE FALLS, WI
Michelle D. Gass
Chief Executive Officer, Director
Chief Financial Officer, Senior Vice President
Senior Executive Vice President, Chief People Officer
Senior Executive Vice President, Chief Technology Officer
Senior Executive Vice President, Chief Marketing Officer
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Kohl's Corp <KSS.N> said on Tuesday it has cut about 15% of its corporate jobs as the department store operator looks to save cash at a time when the COVID-19 has hammered demand for its products.
Kohl's Corp <KSS.N> signaled a slow start to the current quarter on Tuesday, as the department store chain discounts heavily and grapples with weak demand as fewer schools reopen due to the COVID-19 pandemic, sending its shares down nearly 16%.
Kohl's Corp posted a smaller-than-expected quarterly loss on Tuesday, as the department-store chain reopened most of its stores that were shuttered for weeks to curb the spread of the novel coronavirus.
Kohl's Corp beat estimates for quarterly net sales on Tuesday, as the department-store chain reopened most of its stores that were shuttered for weeks to curb the spread of the novel coronavirus.
Walmart Inc, Kroger Co and Kohls Corp will require shoppers to wear face coverings starting next week, the retailers said on Wednesday, imposing a widely-accepted protective measure as coronavirus cases jump across the United States.
Kohl's Corp <KSS.N> said the coronavirus crisis would have a material impact on results this year as it removed eight brands including Jennifer Lopez, Juicy Couture and Popsugar from its stores and warned demand for women's apparel would remain weak.
Kohl's Corp reported a nearly 44% slump in quarterly net sales on Tuesday, as the department store chain's stores remained shut for most of the first quarter due to the COVID-19 lockdowns.
* KOHLS - COVID-19 MATERIALLY IMPACTED Q1 RESULTS AS ALL STORES WERE CLOSED BEGINNING ON MARCH 20
Kohl's Corp <KSS.N> said on Thursday it plans to reopen a quarter of its stores by next week, as retailers start to get business going again in states where coronavirus-induced lockdown restrictions have eased.
Kohl's Corp said on Thursday it plans to reopen a quarter of its stores by next week, as retailers start to get business going again in states where coronavirus-induced lockdown restrictions have eased.
Major U.S. retailers Macy's Inc <M.N>, Kohl's Corp <KSS.N> and Gap Inc <GPS.N> said on Monday they would furlough tens of thousands of employees, as they prepare to keep stores shut for longer to curb the spread of the coronavirus outbreak.
Kohl's Corp <KSS.N> said on Monday it would extend the duration of store closure, and fully draw down on its $1 billion revolving credit facility to control damages from the coronavirus pandemic.
* KOHL’S EXTENDS TEMPORARY STORE CLOSURES NATIONWIDE AND PROVIDES BUSINESS UPDATE IN RESPONSE TO COVID-19 PANDEMIC
* KOHLS CORP SAYS CEO MICHELLE GASS' FY 2019 TOTAL COMPENSATION WAS ABOUT $9.0 MILLION VERSUS $12.3 MILLION IN FY 2018 - SEC FILING
* KOHLS CORP - TO TEMPORARILY CLOSE ITS STORES NATIONWIDE EFFECTIVE THURSDAY, MARCH 19 Source text: http://bit.ly/3dhPAXA Further company coverage:
Kohl's Corp <KSS.N> beat tempered expectations for holiday-quarter profit on Tuesday as its partnership with Amazon.com brought in more shoppers, and said it would exit some women's brands to revive the struggling business.
Kohl's Corp on Tuesday forecast 2020 earnings largely below Wall Street estimates, hurt by lower margins as the department store chain offers heavy discounts to lure shoppers from competition.
Kohl's Corp <KSS.N> and J.C. Penney Co Inc <JCP.N> reported lower holiday season sales on Thursday, a sign that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day.
Kohl's Corp said on Thursday it expects 2019 earnings to be at the bottom end of an already lowered forecast, hurt by weak demand for women's apparel during the crucial holiday season, sending its shares down 6%.
Retail heavyweights Kohl's Corp and Home Depot Inc sent a shiver through Wall Street on Tuesday, lodging weak results and annual forecasts that cast more doubt on the health of the U.S. consumer ahead of the crucial holiday shopping season.
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